2001 Formula 370 Super Sport Boat in Lake Ozark, MO 65049 US

$89,900

Used
builtBuilt in 2001
Year the boat was built
model

370 Super Sport

Boat model
engine

2 Engines (2x Volvo Penta)

Engine type and count
length

37 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
38.5ft
Beam
10.5ft
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Volvo Penta
Engine Model
GXi
Total Power
420hp
Engine Hours
565
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2001
Drive Type
stern
Engine 2
Engine Make
Volvo Penta
Engine Model
GXi
Total Power
420hp
Engine Hours
471
Engine Type
inboard-outboard
Fuel Type
gasoline
Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

2001 FORMULA 370 SUN SPORT

2001 FORMULA 370 SUN SPORT

Price History

DateEventPrice
10/2/26Initial price$89,900

Contact Big Thunder Marine

3534 Osage Beach Parkway, Osage Beach, MO, 65065

Formula 370 Super Sport: BoatTEST Review

Reviewed by Jeff Hammond

Overview

The Formula 370SS is a premium performance cruiser measuring 38 feet 6 inches in length overall, with a beam of 10 feet 9 inches and a draft of 3 feet. Designed for versatility, it suits weekend outings, entertaining, or longer cruises. This particular model is uniquely powered by twin Ilmor 7.4 liter 483 horsepower engines integrated into the OneDrive stern drive propulsion system, blending Formula's offshore racing heritage with Ilmor's high-performance racing engine expertise.

Power and Performance

The 370SS features a 21-degree deadrise at the transom and a two-step hull design, balancing a deep-V ride with efficient planing. The Ilmor MV8 7.4 liter engines produce peak torque at 4,400 rpm, filling a power gap between 430 and 520 horsepower. During testing, the boat achieved a top speed of 53.7 miles per hour at 5,364 rpm. Cruising at 3,500 rpm yielded 31.9 miles per hour with a fuel burn of 32.7 gallons per hour, equating to one mile per gallon and a range of 191 statute miles with a 10% fuel reserve. The boat demonstrated a smooth and stable ride with minimal bow rise and consistent running attitude, handling wakes and sharp turns predictably without slipping. The Ilmor OneDrive stern drive unit, originally engineered for diesel applications, features robust gears, shafts, and hydraulic transmission housed in a larger casing for durability and quieter operation. The system carries a five-year, 500-hour factory-backed warranty, reflecting its reliability and performance.

Engine and Mechanical Features

Ilmor engines are hand-built with forged steel crankshafts, rods, and pistons, based on a cast GM 454 block but extensively engineered for durability and power. The engines utilize multiple closed cooling systems with glycol-based coolant and heat exchangers to maintain optimal temperatures and reduce corrosion. Maintenance is simplified with service points and oil filters positioned for easy access, and oil change intervals set at 75 hours for the engine and 150 hours for the stern drive unit. The OneDrive's hydraulic clutch and electromagnetic relays provide smooth operation, and the system’s design allows Formula’s paint finish to extend seamlessly onto the upper unit.

Exterior Design and Deck Features

The 370SS presents a striking profile with John Adams-designed lines and a painted hull. The stern area includes shore power, cable TV, telephone, and water hookups, along with a freshwater shower for convenience. The aft-facing transom seat converts into a large sun pad with storage lockers beneath for cockpit tables, cushions, and fenders. The cockpit features a Corian-topped console with storage, a trash can, and a cold water wet bar sink with fold-down faucet, all neatly concealed under lids. A 2.3 cubic foot Isotherm drawer-style refrigerator is integrated into a curved front cabinet. The U-shaped cockpit lounge includes a dual-height, two-piece Corian table that converts into a sun pad with filler cushions. Helm seating is comfortable and versatile, with separate fold-up seats and integrated air conditioning vents. Access to the foredeck is provided by sturdy centerline steps with grab handles, leading to a bow hatch housing a Lumar electric windlass and a polished stainless Bruce anchor with 150 feet of chain stowed in a molded tub.

Helm and Electronics

The helm is ergonomically designed with white-faced analog Ilmor gauges, including dual fuel gauges flanking a compass, a central speedometer, and tachometers below. A 12-inch Raymarine Axiom Pro display is mounted to port, while the Ilmor Merlin digital dashboard on starboard offers a programmable touchscreen interface with diagnostic capabilities and detailed joystick functionality readouts. Controls for the joystick, Bennett trim tabs, and engine throttles are conveniently positioned to starboard, alongside rocker switches for lighting and electrical systems. Communication and entertainment systems, including stereo, VHF radio, and 12-volt receptacles, are integrated into the lower helm panel.

Interior Living Spaces

Below deck, the forward cabin features a wraparound settee that converts into a berth with a dual-height, three-piece gloss finish table, creating a comfortable dining or lounging area. The flat-screen television with Blu-ray player is easily visible and mounted on the electrical panel door. The compact galley is well-appointed with ample cabinetry, a microwave, a Kenyon Seagull burner cooktop, an under-mounted stainless steel sink with a stylish faucet, and Corian countertops. Dedicated glass storage is illuminated with blue LED lighting, and soft-close drawers with dovetail joinery enhance functionality. Additional amenities include a cedar-lined hanging locker with stereo controls, a galley refrigerator, and a central vacuum system with hose storage.

Private Accommodations and Head

The wet head serves as a stand-up shower and includes an electric flush toilet, stainless steel sink with modern fixtures, an opening port light, and storage both in the vanity and a mirrored overhead cabinet. The aft cabin, located behind the companionway stairs, offers a queen-size berth with crawl-in height, storage cubbies at the foot of the berth, and a flat-screen television, providing a private and comfortable sleeping area.

Conclusion

The Formula 370SS exemplifies high-quality craftsmanship and thoughtful design, delivering the performance and handling expected from the Formula brand. The integration of twin 483 horsepower Ilmor 7.4 liter engines with the OneDrive stern drive system enhances the boat’s capabilities, providing robust power, reliability, and ease of maintenance. With its versatile layout, premium finishes, and comprehensive features both above and below deck, the 370SS stands out as a well-executed cruiser suitable for a range of boating activities.

Rating: 4.5 out of 5

Overview from around the web 2001 Formula 370 Super Sport

The 2001 Formula 370 Super Sport has garnered favorable reviews from owners and enthusiasts alike, who often praise its combination of performance, comfort, and sleek design

Customers frequently highlight the following aspects: 1. Performance: Many owners rave about the powerful engines and exceptional handling, making it a thrill to drive, whether cruising at high speeds or maneuvering in tight spaces. 2. Build Quality: The solid construction and attention to detail are often mentioned, with many users appreciating the high-quality materials and craftsmanship that Formula is known for. 3. Spaciousness: Customers love the roomy layout, which offers ample seating for family and friends, as well as comfortable sleeping accommodations below deck. The well-designed cockpit provides a great area for entertaining. 4. Features: The 370 Super Sport is celebrated for its array of amenities, including a well-equipped galley, a full head, and plenty of storage space. Owners appreciate the convenience of onboard features that enhance their experience on the water. 5. Style: The iconic Formula styling receives consistent compliments, as its sleek lines and eye-catching colors make it a standout on the water. Overall, customers express a deep satisfaction with the Formula 370 Super Sport, considering it a sophisticated choice for both avid boaters and casual users alike. Its blend of style, performance, and practicality continues to resonate with those who value quality craftsmanship in a performance boat.

The Biggest Pros and Cons

Pros

Performance: The 2001 Formula 370 Super Sport is equipped with powerful twin engines, offering impressive speed and acceleration. Its hull design contributes to excellent handling and stability, making it a favorite among performance enthusiasts.

Stylish Design: With sleek lines and a distinctive profile, the 370 Super Sport stands out on the water. The attention to detail in the design, including spacious cockpit areas and comfortable seating, enhances its aesthetic appeal.

Comfort and Amenities: The interior of the 370 Super Sport is designed for comfort, featuring a well-appointed cabin with sleeping accommodations, a galley, and a head compartment. It's perfect for weekend getaways or day trips.

Quality Construction: Known for its high manufacturing standards, Formula boats are built with quality materials and craftsmanship. The 370 Super Sport boasts durability and longevity, which are essential for any serious boater.

Versatile Usage: This model is ideal for a variety of activities, from cruising and entertaining to watersports. Its versatility makes it suitable for both leisure and adventure on the water.

Cons

Fuel Consumption: With powerful engines comes greater fuel consumption. The 370 Super Sport can be less fuel-efficient, which may be a consideration for those who plan on long-distance cruising.

Maintenance Costs: Performance boats like the Formula 370 require regular maintenance and care. Owners should be prepared for routine upkeep to ensure optimal performance, which can be a financial commitment.

Towing & Storage: The size and weight of the 370 Super Sport can make towing and storage challenging. Potential buyers may need a larger vehicle for towing and ample storage space when not in use.

Limited Sleeping Space: While the cabin is comfortable, the sleeping accommodations may be limited for larger groups, making it less suitable for extended trips with more than a few people.

Initial Investment: As a high-performance boat, the 370 Super Sport can represent a significant initial investment, which might not fit every budget.

Made For

The 2001 Formula 370 Super Sport is designed for boating enthusiasts who crave performance, luxury, and style on the water. Ideal for individuals and families who enjoy weekend getaways, this boat offers spacious seating, advanced technology, and a powerful engine to ensure thrilling rides. It's perfect for those who appreciate a perfect blend of speed and comfort, making it an excellent choice for day cruising, watersports, or entertaining guests. Whether you're an avid boater or someone looking to elevate their leisure time, the Formula 370 Super Sport caters to all seeking a high-performance, sophisticated experience on the waves.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Formula 370 Super Sport. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Sports Cruiser cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$76,415
Total Payment$136,627.18
Monthly payment
$569.28/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Formula 370 Super Sport. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Sports Cruiser cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$76,415
Total Payment$136,627.18
Monthly payment
$569.28/mo

Be the first to know when similar boats hit the market

Get notified when new boats become available

Boats For Sale in Missouri, United States Similar to the 2001 Formula 370 Super Sport

Compare with similar boats and find the perfect one for you.

This Boat
Similar Boats
 
The Image of Uno yacht a motore bianco che naviga su un lago calmo, circondato da alberi e case. - 02001 Formula 370 Super Sport
Price$89,900$89,900$89,900$99,900$64,900$117,500
LocationLake OzarkSunrise BeachSunrise BeachSunrise BeachSunrise BeachLake Ozark
Nominal Length37'37'40'37'33'40'
Engine MakeVolvo PentaVolvo PentaVolvo PentaMercruiserMerCruiserVOLVO
Total Engine Power420 hp420 hp430 hp420 hp-415 hp
Days on Market20261214310151
Get in touch

Other 2001 Formula 370 Super Sport For Sale in Missouri, United States

Meet the Broker

Address

3534 Osage Beach Parkway
Osage Beach, MO 65065

Want to update the details or images for this boat? Claim this listing by getting in touch.

Boat Location

Be the First to Know

Get notified when new boats become available.